UK over-50s insurance firm Saga has priced its London listing at the bottom of its original range, two sources familiar with the matter said, the latest sign of weakness in an increasingly choppy listings market.
1 min read · 22 May 2014
hina's JD.com priced its IPO at $19 per share, exceeding the expected range and suggesting strong demand for Chinese e-commerce companies as larger rival Alibaba Group Holding Inc prepares its own highly anticipated U.S. debut.
2 min read · 22 May 2014
British outdoor clothing chain Fat Face said on Thursday it was pulling a planned 110-million-pound ($186 million) listing in London due to poor equity market conditions, adding to signs a window for flotations may be closing.
1 min read · 22 May 2014
British clothing chain Fat Face has pulled its planned London listing, writes Reuters, citing equity market conditions as the principal factor in the decision. The company, which is owned by European private equity firm Bridgepoint, had aimed to raise 110 million pounds ($185.66 million).
1 min read · 22 May 2014
Private equity firm Warburg Pincus LLC is close to a deal to acquire Wencor Group LLC, a manufacturer of commercial aircraft parts, for between $800 million and $900 million, sources told Reuters on Tuesday.
1 min read · 21 May 2014
With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalized this week, Reuters reported.
2 min read · 21 May 2014
Clayton, Dubilier & Rice is in advanced talks to acquire wound care company Healogics Inc from Metalmark Capital Holdings for around $1 billion, writes Reuters. CD&R has so far outbid other private equity firms in the auction for Healogics, including TPG Capital and a consortium of Ares Management LP and Leonard Green & Partners LP, writes Reuters.
2 min read · 21 May 2014
Germany's Commerzbank is finalizing the sale of Spanish property loans to U.S. investors for up to 3.9 billion euros ($5.4 billion), sources told Reuters, in what would be one of the biggest deals of its kind since Spain's 2008 real estate crash.
3 min read · 20 May 2014
GoPro Inc, which makes wearable sports cameras and accessories, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock, Reuters reported.
1 min read · 20 May 2014
Australia's Treasury Wine Estates has rejected a $2.90 billion takeover offer from KKR, writes Reuters. Melbourne-based Treasury said KKR made the offer on April 16. The winemaker had planned to keep the offer secret but disclosed it after KKR approached investors directly, writes Reuters.
3 min read · 20 May 2014
